About Ascendas Reit
To be a leading global real estate investment trust.
To deliver predictable distributions and achieve long-term capital stability for unitholders.
About Ascendas Reit
Ascendas Reit is Singapore’s first and largest listed business space and industrial real estate investment trust. As one of Singapore’s REIT pioneers, Ascendas Reit has played a crucial role in the development of the Singapore REIT sector, providing an attractive platform for investment in business park and industrial properties in Singapore.
Ascendas Reit has a well-diversified portfolio of 96 properties in Singapore, 34 properties in Australia, 49 properties in the United Kingdom/Europe and 41 properties in the United States as at 31 December 2021. These properties host a customer base of more than 1,500 international and local companies from a wide range of industries and activities, including research and development, life sciences, information technology, engineering, light manufacturing, logistics service providers, electronics, telecommunications, manufacturing services and back-room support office in service industries, etc.
In Singapore, the well-diversified portfolio comprises business & science park properties, integrated development, amenities & retail ("IDAR") properties, high-specifications industrial properties, light industrial properties, and logistics & distribution centres.
Ascendas Reit's logistics and suburban office properties in Australia are located in the key cities of Sydney, Melbourne, Brisbane and Perth. The customer base comprises 3PLs, local retailers (supermarket, department store), local pharmaceutical and healthcare product distributors.
In the United Kingdom, Ascendas Reit owns well-located logistics properties in established industrial areas across various regions including Yorkshire and the Humber, North West England, East and West Midlands, South East England and East of England. These properties are well accessible to major motorways such as the M1 and M6, providing good connections to a large catchment of the United Kingdom’s population. It also owns a portfolio of data centres located across European cities - London, Amsterdam, Paris, Manchester and Geneva.
The portfolio in the United States comprises business park/office properties located across the technology cities of Portland, Raleigh, San Diego and San Francisco and logistics properties in Kansas City.
Ascendas Reit is listed on several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. Ascendas Reit has an issuer rating of “A3” by Moody’s Investor Services.
Ascendas Reit is managed by Ascendas Funds Management (S) Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asian foothold.